8, BEEHIVE LANE, FERRING, WORTHING, BN12 5NL - £515,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 BEEHIVE LANE is a very small detached house of 61m², built sometime between 1950 and 1966. It was last sold for £515,000 in April 2024, which was around 5% below the average April 2024 detached price in the Arun local authority area. The most recent EPC inspection was January 2023, where the current energy rating was D, and the potential energy rating was B.

8 BEEHIVE LANE Sold Prices

Land registry data shows four sales for 8 BEEHIVE LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. All of the four 8 BEEHIVE LANE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2024 4 APR	£515,000	£544,172	5% below HPI
2006 31 MAY	£244,500	£287,119	15% below HPI
1999 21 MAY	£86,000	£130,641	34% below HPI
1995 13 SEP	£67,500	£95,157	29% below HPI

8 BEEHIVE LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 8 BEEHIVE LANE sales between September 1995 and April 2024 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the May 2006 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the April 2024 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 8 BEEHIVE LANE?

8 BEEHIVE LANE is 61m² according to the EPC inspection conducted in January 2023. This puts it in the smallest 10% of detached houses in Ferring, based on EPC data. The below chart shows the distribution of detached houses by size in Ferring, and where 8 BEEHIVE LANE lies on this distribution: 2% of detached houses are smaller than 8 BEEHIVE LANE, and 98% of houses are larger. Note that EPC data is not available for all properties in Ferring.

8 BEEHIVE LANE: Plot and Title Map

8 BEEHIVE LANE sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 8 BEEHIVE LANE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 BEEHIVE LANE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 BEEHIVE LANE?

8 BEEHIVE LANE is located in FERRING, in the BN12 postcode district. The below map shows the position of No. 8 on BEEHIVE LANE.